Wall Street analysts praised Walt Disney Co.’s quarterly results, which topped Wall Street’s expectations after blockbuster movies such as Marvel’s “Black Panther” and “Avengers: Infinity War” fueled gains in revenue and profit. On a call with analysts Tuesday, Disney CEO Bob Iger said “with more than $1.3 billion in box office to-date, Black Panther makes […]

Amazon wants to show you how much you can rely on its Alexa voice assistant to control everything in your home, from thermostats to TVs. The company announced this morning that it’s partnering with home-builder Lennar to create model homes — so-called “Amazon Experience Centers” — with Alexa-controlled appliances built-in, with the hopes that the […]

Walmart shares slid Wednesday as investors learned a $16 billion deal to buy a majority stake in Indian e-commerce giant Flipkart would hurt profits. The U.S. retail giant confirmed it would buy an initial stake of roughly 77 percent in Flipkart, while the remainder of the business will be held by its existing investors, including […]

I support net neutrality. I support rules that prevent blocking, throttling, and paid prioritization of internet traffic. I believe these principles should guide us on Capitol Hill as we work to expand broadband access to even the most remote and rural areas of the country. You might be surprised to learn that most of my […]

Tech venture capitalist and former Facebook executive Chamath Palihapitiya told CNBC on Wednesday that data privacy regulations will lead to a sea change in internet companies’ business models and how they are valued in the stock market. “If I had to forecast the next four or five years, we have European regulations around data privacy. […]

Roughly 10 million people in the United States suffer from some sort of tremor disorder, whether that’s essential tremor — the most common movement disorder — or the tremors resulting from Parkinson’s disease. The current treatment regimens are wide-ranging: medication and therapy are typically prescribed, with mixed results and their own side effects. For people […]

Major technology and aerospace companies including Amazon.com, Apple, Intel, Qualcomm and Airbus are vying to take part in a new slate of drone tests the United States is set to announce on Wednesday, people familiar with the matter told Reuters. The wide interest in the U.S. initiative, launched by President Donald Trump last year, underscores […]

Mark Zuckerberg is highly adept at addressing Facebook’s greatest threats. He spent $1 billion on Instagram because that’s where young people were posting photos. After getting rebuffed by Snapchat, he shelled out a whopping $19 billion for WhatsApp to make sure Facebook had a leading messaging platform. And to address Facebook’s weakness in consumer devices, […]

Streaming giant Netflix has a huge advantage in the original content space due to its strong relationship with consumers, tech venture capitalist Chamath Palihapitiya said Wednesday. Netflix has shown “that having a direct relationship with your customer — where your customer and your consumer are the same — is probably the best long-term business model,” […]

Silicon Valley venture capitalist Chamath Palihapitiya told CNBC on Wednesday he sees Apple as a massive generator of cash, but the company is probably slipping on the innovation side. “I think Apple is a productive cash machine. Is it a font of innovation? Unclear, trending to probably not,” the Social Capital founder and CEO told […]